Bachelor's Degree or Higher (5-year estimate) in McDowell County, WV
HC01ESTVC1754047 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.70
Year-over-Year Change
-9.52%
Date Range
1/1/2010 - 1/1/2023
Summary
Tracks higher education attainment in McDowell County, West Virginia. Reveals critical insights into local educational and economic development potential.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This demographic indicator measures the percentage of residents aged 25 and older with a bachelor's degree or higher. It reflects advanced educational achievement in the county.
Methodology
Data collected through U.S. Census Bureau's American Community Survey 5-year estimates.
Historical Context
Utilized by economic development agencies to assess workforce capabilities.
Key Facts
- Indicates advanced educational levels
- Helps predict economic innovation potential
- Reflects human capital investment
FAQs
Q: What does this bachelor's degree data represent?
A: It shows the percentage of residents with a college degree, indicating advanced educational achievement in McDowell County.
Q: How frequently is this data updated?
A: The 5-year estimate provides a comprehensive view of educational attainment over time.
Q: Why are bachelor's degree rates important?
A: They correlate with economic opportunities, innovation potential, and individual earning capacity.
Q: How can this data be used?
A: Economic planners can use it to develop targeted workforce and educational strategies.
Q: What are the data's potential limitations?
A: The 5-year estimate provides a broad perspective but may not capture most recent educational trends.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher (HC01ESTVC1754047), retrieved from FRED.